NOT LISTED FOR SALE

9932 Fulton St E Ada, MI 49301

Estimated Value: $546,000 - $638,468

7 Beds
5 Baths
-- Sq Ft
10.08 Acres

Last Sold December 15, 2023

Last sale price $450,000

Est. 31% increase in value since last sale

Current estimated payment $3,750/month

107 Days on Market

Highlights

  • Private Waterfront
  • 10.08 Acre Lot
  • Forced Air Heating System
  • Alto Elementary School Rated A
  • 3 Fireplaces
  • Baseboard Heating

About This Home

As of December 2023

Unique Investment opportunity to own 4 units on 10 acres along the Grand River with a 24 x 24 BARN. Great Offering for the Investor, Farmer, Retiree who likes to fish, canoe, garden, and collect some income at the same time! Elevation survey has been completed, findings show that ALL THREE HOUSES ARE OUT OF THE FLOOD ZONE!
Call for Private Showing!

Last Agent to Sell the Property

Michele Prill

Keller Williams GR North (Main) License #6501264835 Listed on: 08/01/2023

Keller Williams GR North (Main)

Last Buyer's Agent

Michele Prill

Keller Williams GR North (Main) License #6501264835 Listed on: 08/01/2023

Keller Williams GR North (Main)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,401

Year Built

  • Built in 1980

Lot Details

  • 10.08 Acre Lot
  • Private Waterfront
  • 475 Feet of Waterfront

Parking

  • 9 Parking Spaces

Home Design

  • Aluminum Siding
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Gravity Heating System
  • Propane
  • Well
  • Septic System

Additional Features

  • 3 Fireplaces
  • Water Access

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,401

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6401.0
  • Tax Info:Zoning3: AG-2Residential
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Substructure:Partial: Yes
  • Waterfront Options:Water Frontage3: 475.0
  • Substructure:Walk Out: Yes
  • Heat Type:Baseboard: Yes
  • Utilities Attached:Propane3: Yes
  • Heat Type:Gravity: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 3
  • Basement: Walk Out, Full, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Aluminum Siding
  • List Price: 499900.0
  • Number of Buildings: 3
  • Water Body Name: Grand River
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Propane, Oil, Gravity, Forced Air, Baseboard, Electric
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: None Available, Propane Connected, Electric Connected
  • Water Well: Yes
  • Heat Source:Electric2: Yes
  • Heat Source:Oil: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 10.08
  • Lot Size Area: 10.08
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 439157.0
  • Zoning Description: AG-2Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 6401.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Dec 15, 2023
Sold by
Luchtenburg Clara M
Bought by
Fricke Johnathon and Fricke Erin
Seller's Agent
Michele Prill
Keller Williams GR North (Main)
Buyer's Agent
Michele Prill
Keller Williams GR North (Main)
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%
Views
106
Current Estimated Value
$588,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,617
Avg. Annual Appreciation
16.19%
Original Mortgage
$337,500
Outstanding Balance
$332,120
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$256,497

Purchase Details

Closed on
Feb 5, 2008
Sold by
Luchtenburg Clara
Bought by
Luchtenburg Clara M and Clara M Luchtenburg Trust

Purchase Details

Closed on
Jan 12, 2007
Sold by
Doyle Patrick and Doyle Vilma S
Bought by
Luchtenburg Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fricke Johnathon $450,000 Lighthouse Title
Luchtenburg Clara M -- None Available
Luchtenburg Clara $299,000 Chicago Title
Doyle Patrick -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fricke Johnathon $337,500
Previous Owner Luchtenburg Clara $284,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $450,000 -10.0% --
11/16/2023 11/16/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $499,900 -5.5% --
10/20/2023 10/20/23 Price Changed $529,000 -6.4% --
08/29/2023 08/29/23 Price Changed $565,000 -1.7% --
08/01/2023 08/01/23 For Sale $575,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,552 $244,000 $0 $0
2024 $7,552 $250,600 $0 $0
2023 $4,383 $226,400 $0 $0
2022 $6,401 $213,300 $0 $0
2021 $6,113 $185,000 $0 $0
2020 $3,996 $178,700 $0 $0
2019 $209,406 $166,000 $0 $0
2018 $5,881 $149,400 $0 $0
2017 $5,741 $141,800 $0 $0
2016 $5,584 $138,900 $0 $0
2015 -- $138,900 $0 $0
2013 -- $130,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23027692

Southwestern Michigan Association of REALTORS®

APN: 41-20-07-100-021